Earnings Per Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Share

E. Earnings Per Share

Thecomputations of basic and diluted net income per share are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2017		2016		2017		2016
Basic:
Net income attributable to GAMCO Investors, Inc.'s
shareholders	$	16,600	$	30,861	$	64,314	$	84,429
Weighted average shares outstanding		28,926		29,185		28,930		29,222
Basic net income per share attributable to GAMCO
Investors, Inc.'s shareholders	$	0.57	$	1.06	$	2.22	$	2.89
Diluted:
Net income attributable to GAMCO Investors, Inc.'s shareholders	$	16,600	$	30,861	$	64,314	$	84,429
Add interest on convertible note, net of management fee and taxes		696		387		2,192		387
Total income attributable to GAMCO Investors, Inc.'s shareholders	$	17,296	$	31,248	$	66,506	$	84,816
Weighted average share outstanding		28,926		29,185		28,930		29,222
Restricted stock awards		247		221		214		253
Assumed conversion of convertible note		2,000		1,000		2,000		336
Total		31,173		30,406		31,144		29,811
Diluted net income per share attributable to GAMCO
Investors, Inc.'s shareholders	$	0.55	$	1.03	$	2.14	$	2.85